Newsroom
Welcome on Groupe Credit Agricole Newsroom
17-06-2024
Indosuez Wealth Management announces the launch of the Indosuez Funds - Impact* fund
Designed to meet the growing needs of investors seeking to combine financial returns with impact investing, Indosuez Wealth Management is launching a new international equity investment solution: Indosuez Funds – Impact. Classified as SFDR Article 8[1], the fund is built around fifty shares of international companies of all sizes.
A contribution to the UN SDGs
Indosuez Funds - Impact is a solution offered to equity investors looking for meaningful routes and keen to include ESG issues in their choices. Each investment is carefully assessed for its potential to contribute positively to the achievement of at least one of the Sustainable Development Goals set by the United Nations, whether it is working on health, food, or social and financial inclusion needs, supporting the environmental transition, or promoting the circular economy and digital access.
In tangible terms, selected impact companies are assessed using an internal methodology based on three dimensions:
- Intentionality: ensure that the company contributes to a sustainable development issue and has a positive and measurable social and/or environmental benefit;
- Materiality: verify that intentionality is followed by actions that have a real impact on the objectives set;
- Measurability: ensure that social and/or environmental externalities are measurable, in particular through a transparent impact report.
A positive impact measured through a report
Companies’ contributions to the various issues addressed by the Indosuez Funds – Impact fund will be detailed each year in an impact report using qualitative and quantitative metrics. This report will be made available to investors, in order to tangibly illustrate the impacts generated by their investments.
A dedicated unit
Based in Paris, the fund’s management team makes use of in-house ESG and impact analysts and receives support from all of Indosuez Wealth Management’s experts, including local knowledge from experts located in the various Group entities.
Delphine Di Pizio-Tiger, Global Head of Asset Management at Indosuez, describes how “Our clients are increasingly keen to invest in companies running projects with a positive impact on the environment. We ensure this, including through transparent and targeted reporting that allows us to check the positive social or environmental impact of companies on the real economy.”
The United Nations has set 17 major Sustainable Development Goals for 2030. To achieve these objectives, investment needs across all sectors have been estimated at between $5,000 and $7,000 billion per annum. Government subsidies and international aid programmes alone will not be enough to meet these needs.
To address these global challenges, taking action and finding sources of private investment are crucial. The UN estimates that achieving these goals could generate $12,000 billion in business opportunities and create 380 million jobs by 2030*.
* https://www.globalgoals.org/
^ [1] The SFDR (Sustainable Finance Disclosure Regulation) distinguishes two types of products presenting non-financial characteristics, namely: Products promoting environmental or social qualities (known as “Article 8” products), and products pursuing a sustainable investment objective (known as “Article 9” products).
Indosuez Wealth Management is the global wealth management brand of the Crédit Agricole Group, the world’s 10th largest bank by balance sheet (The Banker 2022).
For more than 150 years, Indosuez Wealth Management has supported major private clients, families, entrepreneurs and professional investors in managing their private and professional assets. The bank offers a tailormade approach that enables each of its clients to preserve and develop their wealth in line with their aspirations. Its teams offer a continuum of services and offerings including Advisory, Financing, Investment Solutions, Fund servicing, Technology and Banking Solutions.
Indosuez Wealth Management has nearly 4,500 employees in 16 locations around the world: In Europe (Germany, Belgium, Spain, France, Italy, Luxembourg, the Netherlands, Portugal, Monaco and Switzerland), Asia Pacific (Hong Kong SAR, New Caledonia and Singapore), the Middle East (Dubai, Abu Dhabi) and Canada (representative office).
With approximately €200 billion in client assets, the Indosuez Group is one of the European leaders in wealth management.
www.ca-indosuez.com
Sub-fund of the Indosuez Funds SICAV (open-ended investment company), a UCITS under Luxembourg law
The objective of Indosuez Funds Impact (“The Fund”) is to seek a return and/or capital gain over the long term by managing a portfolio composed of at least 80% shares in international companies (including emerging countries up to a limit of 10%) that have a positive and measurable social or environmental impact, with no restrictions regarding size or business sector. The portfolio’s performance is measured against the MSCI World Net Return EUR index (MSDEWIN).
The Fund is actively managed relative to the benchmark. There is no restriction on the extent to which the Fund’s portfolio may deviate from the benchmark.
Please refer to the SFDR Appendix of the Prospectus for all binding elements. The Fund is not guaranteed to achieve the investment objective or generate a return on investment. You may not get back all of your invested capital.
Investment horizon: at least 5 years.
Sub-fund reference currency: EUR. When the reference currency of the product differs from that of your country, currency fluctuations can have a negative impact on the net asset value, performance and costs. Yields may rise or fall as a result of fluctuations in exchange rates.
Risk factors (non-exhaustive list):
The sub-fund’s risk indicator is 4 out of 7, which is a risk class between medium and high.
This indicator does not take sufficient account of the following risks:
- Risk associated with the use of derivatives
- Impact of hedging techniques
- Credit and interest rate risk related to investments in bonds
- Liquidity risk
- Currency risk; The Product invests in foreign markets and could be impacted by changes in exchange rates resulting in an increase or decrease in the value of investments.
Other risks apply, including the risk of permanent loss of capital. As this product does not provide protection against market fluctuations, you could lose all or part of your investment.
Main costs (non-exhaustive list):
All costs and risks are detailed in the Prospectus and the Key Information Document.
Access to Fund documents and information in your country:
This promotional document is intended solely for investors in France, Spain, Italy, Luxembourg, Germany, Greece and Switzerland, countries in which the Fund is registered for distribution. In Belgium: this document is intended for professional investors only and is not intended for retail investors. This document is also not intended for US Persons.
Before making any investment decision, you must read the current prospectus (available in English and French), the Key Information Document (“PRIIPS KID”), translated into one of the official languages of your country, and the latest annual and half-yearly reports. These documents are available on request and free of charge from the Management Company CA Indosuez Wealth (Asset Management), 31-33 avenue Pasteur, L-2311 Luxembourg, Tel: +352 26 86 69 as well as on the website https://ca-indosuez.com/pages/ca-indosuez-wealth-asset-management and from the entities in charge of Information Disclosure for your country.
Any complaint may be submitted to the Compliance Department of CA Indosuez Wealth (Asset Management) at 31-33, Avenue Pasteur, L-2311 Luxembourg.
This document is a promotional document relating to Indosuez Funds, an investment company with variable capital (“SICAV”) incorporated under Luxembourg law with multiple funds in accordance with the Luxembourg law of 10 August 1915 on commercial companies and UCITS in accordance with the European Directive 2009/65/EC, as amended and supplemented, and in accordance with part I of the Luxembourg law of 17 December 2010 on undertakings for collective investment as amended (the “2010 Law”). The SICAV is registered in the Luxembourg Trade and Companies Register under number B 166912.
The information and opinions contained in this document do not constitute a personalised or general recommendation and cannot be construed as investment, legal or tax advice, audit advice or any other advice of a professional nature. This document does not state in way that an investment or strategy is suited or appropriate to an individual situation and your risk profile.
You can access a summary of your rights regarding collective redress at European and national levels in the event of a dispute. This summary is available free of charge in one of the official languages of the EU country of registration (or an authorized language) at the following link: https://ca-indosuez.com/pdfPreview/34300
The management company may decide at any time to cease marketing the Fund in your country.
This document is published by CA Indosuez Wealth (Asset Management), the management company of Indosuez Funds having its registered office at 31-33, Avenue Pasteur, L-2311 Luxembourg.
PR Launch of Indosuez Funds Impact.pdf
25-06-2024
Our press contact
Jenny Sensiau
